Food Robotics Market to reach USD 2.55 billion by 2023 | Yaskawa Electric Corporation, Fanuc Corporation, Rockwell Automation, Mitsubishi Electric Industries and ABB Group

Competitive Insights:
The leading players in the market are Yaskawa Electric Corporation, Fanuc Corporation, Rockwell Automation, Mitsubishi Electric Industries and ABB Group. The expanded implantation computerization innovations for food production and processing purposes are boosting the development of the market. The expanding number of major players in the market is impacting the opposition, as the suppliers are spending on the innovative work exercises to present imaginative answers for meeting the necessities of the business. The rising requirement for automated processes and the financial development of the rising nations are giving new development roads to the producers.

Food Robotics Market – Industry Highlights
The Food Robotics Market was worth USD 0.87 billion in the year 2014 and is expected to reach approximately USD 2.55 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.70% during the forecast period.The developing accentuation on expanding operational productivity underway and rising interest for packaged foods are foreseen to drive the development of food robotics market. The quick changes that are occurring in the robotics technology and the advent of robotics technology and innovative computerization advances are driving the interest for robotics systems in the food industry. The technologies help consumers in the automation of differing industrial applications, for example, packaging, palletizing, and processing. They additionally diminish the reliance of enterprises on workforce and help in keeping up the quality of yield. The measures embraced by different governments for security of food have been boosting the requirement for automation solutions.

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Market Segmentation :
Food Robotics MarketBy Types of Robots, Estimates and Forecast, 2014-2023 ($Million)
Articulated
Parallel
SCARA
Cylindrical
Other Types of Robots

Food Robotics MarketBy Payload, Estimates and Forecast, 2014-2023 ($Million)
Low
Medium
Heavy

Food Robotics MarketBy Application, Estimates and Forecast, 2014-2023 ($Million)
Packaging
Repackaging
Palletizing
Picking
Processing
Other Applications

Food Robotics Market - Application Outlook and Trend Analysis:

The packaging portion is foreseen to develop at a quicker CAGR contrasted with alternate applications. The requirement for the packaged food is the major driving variable for the section development. The usage of robotics systems for packaging empowers an expansion in production capacity, uniformity in packaging, and reduction in wastage. The applications portion comprises of picking, packaging, palletizing, processing, and repackaging. The expanding usage of automated solutions in the sector of food processing is anticipated to drive the repackaging and preparing sections over the anticipated period.

Food Robotics Market - Regional Outlook and Trend Analysis:

In 2016 The European market represented the biggest share of the market, attributable to the sustenance security directions and the expanding work costs in the locale. The administrative measures taken in the food security in the European market are anticipated to drive the interest for the automated systems. The expanding labor expenses in the food business are driving the market towards the implementation of robotized systems in the European market. Asia Pacific is foreseen to be the quickest developing business sector over the estimate time frame. The expanding discretionary income is expanding the requirement for processed and packaged food in the developing economies and along these lines, additionally affecting the reception of automation technologies to improve the nourishment manufacturing capacities.

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Food Robotics Market - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Food Robotics Market - List of Tables:
Table 1.Food Robotics Market, By Types of Robots ($Million), 2014-2023
Table 2.Articulated Market, By Region ($Million), 2014-2023
Table 3.Parallel Market, By Region ($Million), 2014-2023
Table 4.Articulated Market, By Region ($Million), 2014-2023
Table 5.SCARA Market, By Region ($Million), 2014-2023
Table 6.Cylindrical Market, By Region ($Million), 2014-2023
Table 7.Other Types of Robots Market, By Region ($Million), 2014-2023
Table 8.Food Robotics Market, By Payload ($Million), 2014-2023
Table 9.Low Robotics Market, By Region ($Million), 2014-2023
Table 10.Medium Robotics Market, By Region ($Million), 2014-2023
Table 11.Heavy Robotics Market, By Region ($Million), 2014-2023
Table 12.Food Robotics Market, By Application ($Million), 2014-2023
Table 13.Packaging Market, By Region ($Million), 2014-2023
Table 14.Repackaging Market, By Region ($Million), 2014-2023
Table 15.Picking Market, By Region ($Million), 2014-2023
Table 16.Processing Market, By Region ($Million), 2014-2023
Table 17.Other Application Market, By Region ($Million), 2014-2023
Table 18.Food Robotics Market, By Region ($Million), 2014-2023

Reason to Buy:
1) An extensive research study on the Global Food Robotics Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Food Robotics Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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